Stepping into the Next Decade: Emerging Trends will Trigger Tech Innovation

As the second decade of the 21st century has come to an end, the world has experienced many immersive technological changes that transformed everyday life for the better. The emerging and young technologies have changed the way every sector functions by implementing advancements and digital transformation into the working system. But what lies ahead when another decade passes is far more fascinating than ever. Gartner has figured five technological trends that will pilot the tech innovations for the next decade.

The things that we thought were impossible at the beginning of 2000s can be done in a minute now. People's productivity has not changed for over twenty years, not since email and internet services permeated the office. However, the intrusion of artificial intelligence and machine learning coupled with collaborative systems signals the success of the digital transformation. This is where technological innovations have taken us to. With far more expectations, people are stepping into the third decade of the century. Forrester has anticipated that the next decade will require CIOs to both respond to digital acceleration and proactively manage uncertainty. Rapidly evolving trends and behavioural changes in accordance with the ethical use of artificial intelligence will drive diverse industries to incorporate systemic risk into their long-term planning. The convergence of these technologies is unlocking the next wave of innovation, yielding new solutions that are greater than the once we saw so far. Remarkably, Gartner has put out 30 must-watch technologies represented on Hype Cycle for Emerging Technologies.

The Hype Cycle for Emerging Technologies is the longest-running annual Gartner Hype Cycle, providing a cross-industry perspective on the technologies and trends that business strategists, chief innovation officers, R&D leaders, entrepreneurs, global market developers and emerging technology teams should consider in developing the emerging technology portfolio. Gartner's Hype Cycle for emerging technologies insights from more than 1,700 technologies into a succinct set of 30 emerging technologies and trends.

Digital me

People are seeking out more digital stuff as technology grows. They are looking into digital representations of themselves, such as digital passports and social distancing technologies. One of the far spoken technologies, digital twin will get streamlined in the present decade as people prefer to use it in the physical and digital space. Gartner hints us to watch out for social distancing technologies, health passports, digital twin of the person, citizen twin, multi-experience and two-way BMI (brain-machine interface).

Composite architecture

A composite application orchestrates independently developed programs, data and devices to deliver a new solution that none of the previously available applications could deliver on its own. Meanwhile, composite enterprise responds to rapidly changing business needs with packaged business capabilities built upon a flexible data fabric. The composite architecture will be availed in order to decentralise and extend outward to edge devices and the end-users.

Formative AI

Enabling artificial intelligence to react to the situation is becoming vital in the technology sector. Formative AI is a set of emerging AI and related technologies that are designed to react according to the situation. Even application developers and UX designers are working on creating formative AI solutions with the help of AI-powered tools. The most advanced formative AI is aimed at solving specific problems.

Algorithmic trust

Security of data, source of assets and identity of individuals are critical in the AI industry. Encrypting these details is becoming the primary job of solution providers. Henceforth, instead of using trust models based on responsible authorities, the next generation will see high adoption of algorithmic trust models. These models aid organisations assure their customers that the data they contributed stays safe.

Beyond silicon

For the past few decades, Moore's law has promoted the ideology that the number of transistors in a dense integrated (IC) doubles about every two years. However, the increase in silicon computer chip usage has reached the physical limit in the IT industry. This will bring in new innovative substitutes like DNA computing, biodegradable sensors and carbon-based transistors in place for silicon chips.